About This Home
This 12-bedroom, 8-bathroom residential multi family at 2 Decker Avenue in Staten Island, NY is listed for $1,950,000 ($171 per sqft). Built in 1931, the home offers 11,400 sqft of living space on a 0.09 acres lot.
Key Features
- Built in 1931
- 0.09 acre lot
- 3 stories
Property Details
Amenities
Prime 8 Family Investment Opportunity. 100% Leased Turn-Key Asset with Cap Rate / ROI: Over 7%. Gross Annual Income: $217,176. An exceptionally stable, high-yield mixed-use property in a high-demand Staten Island location. Built on a commanding 38' x 100' footprint spanning 11,400 sq.
ft., this fully brick, low-maintenance building is 100% occupied and features a perfectly balanced mix of multi-family housing and long-term retail anchors. Guaranteed Multi-Family Income: 8 fully leased, rent-stabilized apartments (4 two-bedroom and 4 one-bedroom units) providing exceptional tenant retention and legal, predictable rent rolls - Anc
hored - 100% Inflation-Protected Compound Growth: Highly rare lease structures where every single residential and commercial tenant in the building has a built-in 3% annual rent escalation clause, guaranteeing compound revenue growth across the entire asset - Strong Net Financials: Gross Income of $217,176/year against low operating expenses of $62,600/year (Taxes: $34k, Utilities/Ins/Maint: $28.6k).
Situated on a high-visibility corner with excellent foot traffic, immediate transit access, and strong neighborhood demographics, this turn-key asset is an ideal fit for 1031 exchange buyers or portfolio expansion.
Monthly Cost Estimate
$10,429/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2 Decker Avenue
Staten Island, NY 10302
Property Details
Flooring
Construction
Questions & Answers
This 12-bedroom, 8-bathroom residential multi family at 2 Decker Avenue is listed at $1,950,000 ($171/sqft). The estimated monthly payment is $10,429 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1931, 0.09 acre lot, 3 stories.
This property is listed by Siu Lun (Allen)Tang and can be reached at 7188725522.

